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Key Appointments at Utmost International in Singapore

02 May 2023

Utmost International, a leading provider of insurance-based wealth solutions, is pleased to announce two senior appointments in its Singapore Branch.

Michelle Tan has joined as Head of Brokerage. Michelle will be focusing on the provision of tailored life insurance-based solutions to High Net Worth clients via international brokers, asset managers, family offices and private banks. Michelle is a professional with 17 years of sales experience specialised in various High Net Worth insurance solutions including private placement life insurance and variable universal life plans. She has gained experience with a few institutional broker firms and international life companies and joins Utmost International from Lombard International.

Utmost International has appointed Genevieve Chan as Head of Operations and Underwriting. Genevieve has over 25 years of underwriting experience in the life industry and has previously held roles in several multi-national and local life insurers. Over the last decade, she has been pivotal in building the High Net Worth operations and underwriting infrastructure at Singapore Life and HSBC Insurance. In her new role, she will focus on managing local operations and underwriting.

Cherie Tan, Chief Executive Officer at Utmost International Isle of Man Limited Singapore Branch commented:

“I am delighted to welcome Michelle and Genevieve to Utmost. Utmost is a licensed insurer in Singapore and we are committed to providing insurance-based wealth solutions tailored to the needs of Ultra/ High Net Worth clients. The hires are reflective of the strategic importance of the Asian market for insurance-based wealth solutions.

“Both Michelle and Genevieve have comprehensive local experience and knowledge in the Ultra/ High Net Worth markets and will add significant value in supporting our distribution partners and their clients. Their skills will complement our existing, highly experienced case management team in supporting the specialised requirements of our Ultra/ High Net Worth client base.”

Michelle added:

“I am excited to join a dynamic company which is so highly regarded in terms of its technical expertise and overall proposition. There is a growing market for utilising insurance-based wealth solutions as a tool for estate planning, wealth protection and tax planning - which are also recognised as robust and transparent solutions, and Utmost is well placed to benefit from this trend. I look forward to working with our partners and their clients.”

Genevieve continued:

“I am thrilled to be joining the Utmost team, focused on serving Ultra/ High Net Worth individuals. I am impressed with the well-established system and “machinery” that is committed within the Branch and across the broader organisation. With my depth of experience and local expertise, I look forward to contributing to the business’s service propositions.”

For further information, please contact:

Anne Marie Shepherd, Head of Strategy and Corporate Affairs

Tel: +44 (0)203 861 4347 / Email: annemarie.shepherd@utmostgroup.co.uk

About Utmost Group plc

Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost International and Utmost Life and Pensions, which together are responsible for over £58bn of primarily unit-linked policyholder assets for around 530,000 customers. Utmost Group plc is subject to Group Supervision by the PRA.

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